In today’s highly competitive sales environment, where success depends on meeting the specific needs of buyers, an accurate and timely sales forecast is a critical tool for optimizing business outcomes. I discussed this as part of our 2014 research agenda for sales, noting that linking the forecast to commissions, quotas and territories is a requirement for success. We recently completed new benchmark research on sales forecasting to ascertain the state of the processes and technology sales...
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Topics:
Sales,
Sales Performance,
Supply Chain Performance,
Sales Forecasting,
Sales Operations,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Information Management,
SFA
The market for human capital analytics is in flux, as companies begin to evaluate and adopt more capable tools and processes for this area of human capital management. A look at the tools organizations are using and plan to use for human capital analytics provides an example of this change. Our recently published benchmark research on human capital analytics shows that nearly nine in 10 (87%) organizations are still using spreadsheets for human capital analytics while fewer than two in five...
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Topics:
Big Data,
Mobile,
Predictive Analytics,
Social Media,
HCM,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Collaboration,
Financial Performance,
Information Management,
Workforce Performance
In the near future, technology will be something we wear or attach comfortably to our bodies. Wearable computers have been evolving for some time, and while that might seem futuristic to the uninformed, in the technology industry it is rapidly becoming real. This trend is important for businesses to note, as our business technology innovation research shows that it is very important to more than half (56%) of organizations to find methods to use technology innovation to support both business...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
HCM,
Human Capital Management,
Wearable Computing,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Information Applications,
Information Management,
Operational Intelligence,
Workforce Performance,
Talent Management
At Oracle’s first-ever HCM World conference, the technology company demonstrated its commitment to human resources customers, explaining its strategy for Modern HR in the Cloud, which is focused on meeting the needs of employees in a large, dispersed workforce. The conference was insightful both intellectually and practically in its discussions of how workforces are changing. Oracle also showed its commitment by having both President Mark Hurd and CEO Larry Ellison present keynotes. This was...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Human Capital Analytics,
Human Capital Management,
Recruiting,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Information Applications,
Oracle,
Workforce Performance,
HR,
Talent Management,
Workforce Management
A core objective of my research practice and agenda is to help the Office of Finance improve its performance by better utilizing information technology. As we kick off 2014, I see five initiatives that CFOs and controllers should adopt to improve their execution of core finance functions and free up time to concentrate on increasing their department’s strategic value. Finance organizations – especially those that need to improve performance – usually find it difficult to find the resources to...
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Topics:
Big Data,
Performance Management,
Planning,
Predictive Analytics,
Sales Performance,
Supply Chain Performance,
Office of Finance,
Budgeting,
close,
dashboard,
PRO,
Tax,
Analytics,
Business Analytics,
Business Collaboration,
Business Performance,
CIO,
Customer & Contact Center,
Financial Performance,
In-memory,
CFO,
Supply Chain,
CEO,
demand management,
Financial Performance Management,
FPM,
S&OP
At its recent MicroStrategy World 2014 conference, the enterprise software company introduced a portfolio of products to make it easier to perform analytics and make them easier to access through the cloud and mobile forms of computing. These announcements accelerate MicroStrategy’s transition to approaching corporate business users of analytics from its past focus on business intelligence, which typically is purchased by IT. This is a subtle but strategic shift that recognizes where growth...
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Topics:
MicroStrategy,
Mobile,
Social Media,
Customer Engagement,
Smart Phones,
Operational Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Information Applications,
Location Intelligence,
Operational Intelligence,
Tablets
Ventana Research recently completed the most comprehensive evaluation of mobile business intelligence products and vendors available anywhere today. The evaluation includes 16 technology vendors’ offerings on smartphones and tablets and use across Apple, Google Android, Microsoft Surface and RIM BlackBerry that were assessed in seven key categories: usability, manageability, reliability, capability, adaptability, vendor validation and TCO and ROI. The result is our Value Index for Mobile...
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Topics:
Big Data,
MicroStrategy,
Mobile,
Mobile Business Intelligence,
Pentaho,
Sales Performance,
SAP,
SAS,
Tableau,
Jaspersoft,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Customer & Contact Center,
IBM,
Information Builders,
Oracle,
Workforce Performance,
Yellowfin,
Roambi,
Value Index,
arcplan,
Logi Analytics,
Qlik
Our recently released benchmark research on information optimization shows that 97 percent of organizations find it important or very important to make information available to the business and customers, yet only 25 percent are satisfied with the technology they use to provide that access. This wide gap between importance and satisfaction reflects the complexity of preparing and presenting information in a world where users need to access many forms of data that exist across distributed...
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Topics:
Big Data,
IT Performance,
Analytics,
Business Analytics,
Business Collaboration,
Business Intelligence,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Data Preparation,
Information Applications,
Information Management,
Data Discovery,
Datawatch,
Information Optimization
Human capital will continue to be an organization’s largest investment in 2014 and if productive will be one of its most valuable assets and differentiators. It also continues to rank as top priority by CEOs across the industry. We anticipate that businesses that take advantage of the innovative technology now available for human capital management (HCM) will gain a competitive advantage. Ventana Research will track these technological advances and how they are put to use by organizations that...
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Topics:
Sales Performance,
Social Media,
Supply Chain Performance,
Governance,
HCM,
Human Capital Management,
Recruiting,
CHRO,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Financial Performance,
Workforce Performance,
Compensation,
HR,
Risk & Compliance (GRC),
Talent Management
It should be no surprise for those who work in sales that increasing outcomes collectively is not always easy. Sales teams and individuals work under pressure to perform at high levels, selling more than they did in the previous period or more than the person who previously had responsibility for a territory. Today’s economic and competitive environments demand that everyone work not just faster but smarter in their sales efforts. To excel in this environment requires not just wise use of time...
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Topics:
Big Data,
Sales,
Sales Performance,
Social Media,
Operational Performance,
Business Analytics,
Business Collaboration,
Business Performance,
Cloud Computing,
Customer & Contact Center,
Governance, Risk & Compliance (GRC),
Compensation,
Sales Performance Management,
SFA